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Acquisitions (Tables)
12 Months Ended
Dec. 31, 2019
Business Combinations [Abstract]  
Schedule of Acquired Assets and Liabilities
The following table summarizes the assets acquired and liabilities assumed in our 2018 acquisitions (in thousands):
 
 
Cavallo Point
 
Landing Resort & Spa
 
Hotel Palomar Phoenix
Land
 
$

 
$
14,816

 
$

Building and improvements
 
123,100

 
24,351

 
59,703

Furniture, fixtures and equipment
 
10,470

 
3,346

 
5,207

Construction in progress
 
1,734

 

 

Total fixed assets
 
135,304

 
42,513

 
64,910

Favorable lease asset
 
17,907

 

 
20,012

Unfavorable lease liability
 

 

 
(4,644
)
New Market Tax Credit loan assumption
 

 

 
(2,943
)
Other assets and liabilities, net
 
(5,083
)
 
(658
)
 
497

Total
 
$
148,128

 
$
41,855

 
$
77,832